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Wednesday, 06/30/2004 6:33:24 AM

Wednesday, June 30, 2004 6:33:24 AM

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Economy Minister on wholesale energy generating companies

RosBusinessConsulting. Wednesday, Jun. 30, 2004, 2:20 PM Moscow Time

A new date for the decision on wholesale energy generating companies does not mean a delay in implementing the energy reforms, Russian Economy Minister German Gref announced at an investment forum in the city of Yaroslavl. There is no decision to halt the reforms, he stressed. As for the deferred decision on the method of selling wholesale energy generating companies, Gref said that wholesale energy generating companies had not been formed as yet. One should form them before making any decision on selling them, he emphasized. Gref considers this will be possible no sooner than at the end of 2004 or in 2005.



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